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8.8.1

Where the Settlement Bank has terminated any payment facilities granted to the Principal or where the Settlement Bank ceases to act as the Principal's agent for the purposes of DVP Settlement, the Settlement Bank shall notify CDP by a written notice (the "Termination Notice"). The Termination Notice shall be deemed to take effect on the same day in the week following the day of receipt by CDP of the said Notice but shall not affect any accrued rights or liabilities of the Settlement Bank to CDP. If the day on which the Termination Notice is deemed to take effect is a public holiday, then the Termination Notice shall be deemed to take effect on the following Settlement Day.